Business

Rihanna surpasses Madonna and Beyonce to become world’s richest female musician

Rihanna fans all over the world have more reason to hail their favourite female singer as the 31-year-old has just been named by Forbes as the wealthiest female entertainer with a whopping 600 million dollars leading huge names in the industry such as Madonna with $570 million, Céline Dion with $450 million and Beyoncé with $400 million.

Photo-Time Magazine

Her 14 years in the music industry has become the fastest growing career as she surpasses icons who have been in the game years before her. Affectionately called the Bajan Queen or more popularly Bad Gyal Riri, the singer turned business mogul has established her surname as a brand that runs the entertainment and fashion industry.

Only $400 million shy of becoming a billionaire like Jay-Z, Rihanna seems to be following closely in the ways of the first hip-hop billionaire who helped sign her onto a musicand catapulted her into fame. But every dollar the Pon De Replay hitmaker has earned is from her own hard work and determination.

The Barbadian native moved to the U.S. in 2005 from her home in the Caribbean and has given everyone a run for their money since.

According to Forbes, Rihanna owes her huge success to her smart move into film, fashion as well as beauty products slowly moving from collaboration to owning some of the most influential brands in the world.

In 2017, she launched Fenty Beauty earning a reported $100 million in sales in its first few weeks and generated an estimated $570 million in 2018.

Her latest accomplishment, the launch of her FENTY clothing and accessories line under LVMH is also set to not only influence the fashion industry as strongly as her make up line did but also rake in several millions for the mogul.

Elizabeth Ofosuah Johnson

Elizabeth Johnson is a Ghanaian –Nigerian avid reader and lover of the Creative Arts. She is also a writer and has worked with various online platforms as an editor and content creator. She also produces a literary radio show and has worked as a festival administrator. Her story was featured in the 2017 Independence anthology by Afridiaspora. Her play has been staged by African Theater Workshop and she is the 2018 winner of the Random Thoughts writing Prize.

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